for power and profit plummeted an entire continent into chaos and violence. this is the journey back into the history of slavery. i think will truly be making progress when we all accept the history of slavery as all of our history. our documentary series slavery routes starts march 9th on t.w. . the world health organization warns that the globe is not prepared for a possible coronavirus and damage as more european countries see a rise in infections and deaths that will the economic fallout will get an expert's view also coming up we'll take you to a once bustling chinese trade up here in germany where things have now substantially quieted down and more time to ride the teacups long time disney's

see old bob iger steps down. i'm chris program berlin welcome to the program europe is bracing itself for more call that 900 factions as the death toll in china stands at over 2700 a growing number of european countries all reporting cases of the new coronavirus the hotspot in europe is northern italy you with 280 cases and 11 deaths reported other cases can be found in france germany austria switzerland finland as well as in sweden belgium croatia and spain that have only been separate cases in most of the countries mentioned and some people have already recovered still tame compared to the outbreak in china and officials are on high alert as with its potential to disrupt important supply chains the coronavirus is posing a serious threat to economies like germany france and italy where growth is weak or

in decline anyway earlier i spoke to a federal myer he's the president of the kiel institute for the world economy and i asked him to explain the dimensions of the problem. so look we are we're facing a global economy that's not doing very well trade has been in decline it was 2019 and it's not really recovering now we have very weak industrial production even declining industrial production in places like germany and now the one of us crisis hits. china accounts for a 3rd of. growth of their world and if a china doesn't generate any growth in this 1st quarter that will mean that the world is not growing to 3 but 2 percent and that has important implications for for the for the demand for trimming goods for example or and actually around the world for germany with think that the crisis has the potential to knock off something like this you are point 2 percentage points of growth that it again in

a situation where we are more or less at the at the at this 0 level so the crises can push him any into a technical recession companies are trying to manage their stock their inventories some are trying to shift production out of china to places where the virus has not spread so far. what else can they do and is that the right step. certainly companies do what they can but there are limits you know the global value chains have become very specialized and the inputs of the produced in china might be very specific so it's not easy to to move them to vietnam or bangladesh or other places and so there will be some disruption in value chains in china doesn't raise you but action very quickly very fast and what can firms to do as well they can in the future make sure that their production systems are more robust that they're more diversified and i think this will is this crisis here will

have some impact on how business is few business models in terms of their approval organization could this virus outbreak be a game changer when it comes to globalization. yeah i think so i think so because what we're learning now and with business is learned now is how fresh out of the coal production system really is it reminds me of the lehman brothers call ups in 2008 where all of a sudden you know many people became aware that the financial system is very fresh and since then we have seen a reorganization of businesses how they run their financial structures for example so that if they have to rely much less on bank credit for example as a consequence of that and they think something similar could materialize ols of out of the corona crisis. president of the kill institute for the world economy thank you for your insight thank you chris it started with

a wild idea and turned into one of the biggest chinese trade hubs here in europe in 2012 a couple of entrepreneurs turned an abandoned army post in the south west of germany into a business center for chinese companies and the plan worked over the years more than $250.00 offices opened there but with the cover 1000 outbreak in china turning into an international crisis things have become much more quiet. business developer michelle dietz is proud of what. the u.s. army used to be stationed here but for several years chinese business people have been living working and doing business from the so-called world factory but these days it's quieter than usual deets notices when walking through the office building some business people have postponed their return to germany after the chinese new year or because of the 19 virus people here don't even want to talk about the epidemic they're afraid that bad news might damage the project. everyone is trying

to keep a low profile. the virus is compounding an already depressing mood disputes concerning the mobile network supply a well way have already been straining see no german relations as well as every day business. does make me are all feeling the pressure here we're noticing it's difficult to get visas approvals in the embassies and we're noticing it's increasingly difficult to attract chinese investment in germany. and. investors that's why the 3rd building hasn't been finished yet. but found jane ho isn't discouraged she continues to work discussing new projects with the business development agency the virus might even have a positive side effect chinese entrepreneurs are taking advantage of the forced. as an recently we have more. client who can start in the

us as settled on a new business here because before some of them they sing about we're doing business ok entirely and then we just care about the china market ok. firmly believes in the world factory project that's why he sent a video message of solidarity to those affected in china he's looking forward to everyone coming back to help when the crisis is finally over. the novel coronavirus has also severely hit financial markets this week alone has seen some of the sharpest drops months while stocks are tumbling for the 5th straight day let's bring in our financial correspondent chelsea doing in frankfurt shall see european shares again on the retreat give us the latest. another and other day and they're out for pretty much every european and investors say they're really having

to wake up to the fact that this is a potentially global epidemic before this a lot of investors have been betting on the fact that the virus itself and the economic damage would really be contained to china that helps keep stocks at a record high as recently as a week ago but that's all really being thrown out now the global impact is really becoming real companies like you have tons are freezing hiring and a lot of economists are predicting a potential global recession at this point and as this is growing in truly profound global problem what could be policy responses towards. well there's the public policy the health policy response and one of the questions this week has been will there be more travel bans will there be border controls in europe will there be other. shutdowns like that but in terms of economic policy this is also going to really put pressure on central banks around the world to step

in with interest rate cuts and governments as well are talking about cutting taxes in china and italy hong kong saying they could be just give that cash directly to citizens but for a lot of economists they say this really may not. fully cushion the blow if business really does grind to a standstill chelsea living in frankfurt thank you. disney's long serving c.e.o. bob barker has stepped down mr argo led disney and its take over of 21st century fox and its recent launch of the company's streaming service yes the mantle to another long time company and. restore his resignation surprised many disney c.e.o. longtime head of the multi 1000000000 euro and like conic entertainment empire played. he oversaw some huge acquisitions over 15 years as c.e.o. 21st century fox pixar and the star wars studio lucasfilm and more recently

launched a netflix rivaling streaming service disney plus. under iger last year's top 5 blockbusters walt disney movies and the box office record was also set by disney disney plus its streaming service already has $28000000.00 sign ups widely seen as a successful start business is booming despite several parks being shut in east asia due to coronavirus fears hurting disney stock prices in the short term as a result. his success is the reason for change according to uyghur now is a good time to make the handover to another long time disney insider bob ordinarily courage by cuba desperately needs foreign cash and so the government has ruled that highly desirable products like cars can only be sold in u.s. dollars at exactly one second hand dealer. that if cuban vintage

car the tourists love them but they're not exactly practical many cubans dream of owning something a bit more up to date hence the long queues at the 1st cars for dollars sale this man is one of the lucky ones. who put in. the price was still a bit high. but never mind you just do your best to get your family around me. the prices are indeed somewhat steep this toyota exchange hands for $80000.00 twice what it would have cost in the us. but if i want to pay that much for a car no way that i might get us and we hope that the government has a rethink and starts lowering prices. just one in 20 cuba. most people here have barely enough money to survive and so as long as the prices

for used cars remain so high most will simply have to hang on a while longer. and finally a doomsday vault in the arctic has received 60000 new seed samples which are being stored there in case of global disaster amid mounting concern over dr james and food crop extension groups are adding their seeds to the collection of norway's spitzbergen island a new season clue of beans squash and corn from the cherokee nation the 1st native american group to send crops to the vault the facility holds over a 1000000 varieties of. that's a show thanks for watching on chris called rambling and his self a successful. result

on the national enquirer as cam from jersey shore dealing with anyone at all they killed many civilians. coming including my father. and i was a stone. i wanted to build a life for myself. personally life became alledge. providing

insights global news that measures d.w. making for mines happiness fears for everyone human penises are very different from primates you know we have a totally ridiculous romanticized view of nature david and this is climate change rags and sex how to beat us in 3 books you get smarter for free books are new to. me ok. john. breaux problems. but perhaps this is a clip from the film never really sometimes always an american movie about a young 17 year old with wanted pregnancy and you were just wish you were in good.

time. and welcome to arts and culture that movie is in competition at the berlin film festival at the moment i'll be talking to a film critic about it and a south korean movie also in a competition no not that south korea movie that won so many oscars but this very different minimalistic movie the woman who ran from veteran director saw his scene so i don't think you don't. know i'm not going to. take it that well. there's a lot you know how that is that. i can do without i said you wanted us to that it's. our. show we should know. who. you all or you were.